Portfolio

ARTICLES ABOUT PORTFOLIO BY DATE - PAGE 3

DUBAI: DP World Limited, one of the largest marine terminal operators in the world, sees exciting developments this year in emerging economies like India, Turkey and the Middle East. DP World Limited handles 60 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during 2014. DP World has a portfolio of more than 65 marine terminals across six continents, including new developments underway in India, Africa, Europe and the Middle East.

MUMBAI: Capital market regulator Sebi has asked Unique Vision Financial Advisory to 'cease and desist' from acting as a portfolio manager and restrain itself from soliciting any funds from investors. Securities and Exchange Board of India (Sebi) found that Unique Vision was carrying out portfolio management activities without getting registered with the market regulator. "It is noted that Unique Vision is not registered with Sebi in any capacity, either as a portfolio manager or as a broker or sub-broker affiliated to any broker," the regulator said in its interim order yesterday.

NEW DELHI: After rallying 30 percent in the calendar year 2014, the S&P BSE Sensex surged over 7 per cent or 2,000 points so far in the first month of calendar year 2015, pushing the index to yet another record high. Even after a strong rally, the Indian market still looks reasonable valued at current levels, and some experts even feel that it is the best market for institutional investors to diversify their portfolio. From a macro perspective, India has never had it better in terms of inflation trajectory -- well below the targeted rate.

In a chat with ET Now, Gaurang Shah , VP, Geojit BNP Paribas Financial Services , shares his outlook for HDFC. Excerpts: ET Now: What better would you expect from HDFC? What has been your first take? Gaurang Shah: Do not expect fireworks, but it definitely creates value in one's portfolio from a longer point of view. As a disclosure, we do have a positive coverage on both the twins, that is HDFC Bank as well as HDFC, and if you are just looking at the possibilities, especially in Mumbai, we have heard about cluster development, we have heard about pre-1945, pre-1940 buildings which are possibly in a bit of dilapidate condition.

CHENNAI: Tamil Nadu Chief Minister O Panneerselvam today divested Hindu Religious and Charitable Endowments portfolio held by ailing Minister P Chendur Pandian and allocated it to Minister for Food R Kamaraj. Chendur Pandian will, however, continue to be a minister in the Panneerselvam Ministry, a communique from Raj Bhavan said. Pandian is undergoing treatment since January 12 in a private hospital.

HYDERABAD: Sending a clear message that he will act tough on corruption, Telangana Chief Minister K Chandrasekhar Rao Sunday dropped his deputy T Rajaiah from cabinet and inducted Lok Sabha member Kadiam Srihari in his place. Rajaiah, who was holding the medical and health portfolio, was sacked in the wake of allegations of corruption in his office and amidst criticism that the health department failed to take immediate steps to check spread of swine flu, which has claimed over 20 lives so far. "On the advice of the chief minister, the governor has consented to drop T. Rajaiah from the council of ministers with immediate effect," said a statement from Raj Bhavan . Srihari was swiftly sworn in as minister at a simple ceremony held at Raj Bhavan.

GUWAHATI: Assam Chief Minister Tarun Gogoi today allocated portfolios to the 14 ministers inducted into his cabinet in the recent reshuffle. Senior most minister in the Gogoi cabinet and former Chief Minister Dr Bhumidhar Barman has been allocated Revenue and Disaster Management, Administrative Reforms and Training, along with Implementation of Assam Accord. Another senior minister Sarat Barkotoky has been given Education, Pension and Public Grievance, CMO officials said.

NEW DELHI: FMCG major Godrej Consumer Products (GCPL) is looking at expanding its household insecticides portfolio in Africa. GCPL has significant presence in Africa in the haircare category and has annualised revenues of $200 million. "We are trying to figure what are the right products for right environment. Team is looking at opportunity (in Africa). We have done very well in India and Indonesia," GCPL VP-Marketing (Home Care) Ajay Dang told PTI. When asked about when the company would scale up its offerings in insecticides business in Africa, he said: "I cannot comment on that.

NEW DELHI: The S&P BSE Sensex rose to a fresh record high for the third straight day in a row on Thursday, supported by strong buying by foreign institutional investors (FIIs) and on optimism that the government will continue with the reform agenda. The benchmark BSE index crossed the 29,000 mark for the first time ever and hit an all-time high of 29,060.41, while the broader NSE index touched a record high of 8,774.15. With the stock markets hitting fresh highs almost on a daily basis, how should investors safeguard their portfolio?

MUMBAI: Overseas portfolio investors are changing their India strategy. While cutting stakes in more than a fourth of the companies they are invested in, fund managers have shifted bets from technology and commodity-linked sectors to banks, infrastructure and oil companies amid expectations the Reserve Bank of India (RBI) will cut rates further, having already done so on January 15. Foreign institutional investors' holdings in the quarter ended December 31, 2014, have fallen from the preceding quarter in 120 of the 460 companies in which they have stakes.